In China, PTA prices strengthened noticeably over the week, rising from $*.***/kg to $*.***/kg, representing an increase of *.** per cent. Market activity in China remained relatively robust, as polyester producers maintained operating levels and buyers returned to secure feedstock requirements. Market participants reported improved buying activity as manufacturers sought to secure feedstock requirements amid expectations of firmer raw material costs.
A similar trend was observed in South Korea, where Free on Board (FOB) PTA prices increased from $*.***/kg to $*.***/kg, marking a gain of *.** per cent. Korean suppliers benefited from stronger regional demand and balanced supply conditions, allowing export offers to move higher. The close alignment between Korean and Chinese market movements highlighted the interconnected nature of Northeast Asian PTA trade flows.
